Active Jobs at RMB - Rand Merchant Bank

Hello Future Transactor,

• RMB is a place where exceptional people create their own opportunities by challenging the conventional and driving sustainable impact. 
• United by our proud heritage, strong ethics and philosophy of Traditional values. Innovative ideas, it’s the magic of our people and culture that sets us apart.
• Now, is the time to imagine your next move with South Africa’s number one employer in Financial Services for 2023, where you can embrace the power of collective thinking to unlock unique opportunities for our clients and society.

Are you someone who can:

• Manage and maintain the transaction by complying with internal procedures and agreed processes to effect management (prepare cash flows, obtain signatures, sending instructions to various departments), apply knowledge of Companies Act, Excon, FICA, Tax, Accounting to transaction where applicable, in implementing and managing the transaction.
• Achieve sales targets in line with performance scorecards and achieve an acceptable cost of sales ratio through pipeline  managements and sales quality. Identify opportunities to increase sales revenue and to grow the organizational client base while containing costs
• Develop tactical strategies with retaining or signing unbanked customer base with a view to improve and increasing profitability.
• Maintain specialized knowledge on all FirstRand approved products, application procedure, fulfilment processes and timelines  to drive and achieve relevant sales targets.
• Drive the maximizing of cross-selling opportunities where possible and in consultation with more experienced Transactors.
• Directly inform the client inputs during legal drafting processes, implement and manage transactions in accordance with legal and regulatory requirements and ensure full understanding of transaction.
• Achieve expected financial targets and uphold associated service levels
• Provide a professional service to stakeholders by ensuring that transactions are managed and accounted for in accordance with legal agreements, relevant legislation and that deal activities are executed by following agreed business process.
• Understand and manage financial aspects of transactions through understanding and adherence to Legal agreements and all  applicable regulatory aspects (Companies Act, Excon, IFRS, FICA, Bank’s Act, etc.), to prepare financial activities required on the transaction (e.g. Diary reminders, payments, drawdowns, invoices, etc.).
• Adhere to internal controls and procedures to alleviate risk and prevent losses by following internal procedures and agreed  processes to effect financial management (prepare cash flows, obtain signatures, sending instructions to various  departments, etc.).
• Identify and understand potential risks which may lead to increased costs and collaborate with relevant stakeholders on risk mitigation strategies

You Will Be An Ideal Candidate If You:

• Have a Post Graduate Diploma or an Honours Degree in Finance or Economics or Business Science or Accounting or a CA (SA) with a CFA
• Preferred: Masters Degree in Finance or Economics or Business Science or Accounting OR a CA (SA) with a CFA OR an MBA
• 5 to 8 years as a Transactor in an Investment Bank
• Have 3 to 5 years' experience of handling a transaction or a DCM transaction or a trading transaction end-to-end with moderate to high complexity
• Have demonstrated DCM, business strategy and debt structuring skills, with ability to manage complex transactions and conduct negotiations
• Have a proven track record working with a variety of credit products and/or industries, with experience implementing credit policies and remedial management processes
• Have a thorough understanding of the risk profile, structure and governing documentation for various credit and investment banking products

You Will Have Access To:

• Opportunities to network and collaborate
• Challenging Working
• Opportunities to innovate

We Can Be a Match If You Are

• Curious & courageous - you're driven by always wanting to know more and learn more and you're brave enough to
• Obsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do it

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Job Description

• To Interpret the IT strategy to establish the strategic direction by engaging with all information technology partners to execute the strategy plan, direct, and coordinate the development, implementation, deployment and operation of information systems and technology solutions for business needs as well as identify and propose new information technologies and systems to improve business processes and decision making.
• Drive business profitability in the context of cost management through Information technology solutions.
• Establish, align and manage target and budget goals whilst ensuring effective control of costs for a range of functional areas to increase cost efficiency.
• Actively manages the portfolio of IT-enabled investment programmes to achieve specific strategic business objectives.
• Develop an IT service culture which builds rewarding relationships, proposes innovations and allows others to provide exceptional client service by developing a Group IT Service Model.
• Educates management on current technology capabilities and future directions, the opportunities that IT provides, and what the business has to do to capitalise on the opportunities.
• Creates a strategic plan that defines how IT will contribute to the enterprise's strategic objectives and related costs and risks. Creates a portfolio of tactical IT plans that are derived from the IT strategic plan.
• Comply, understand and implement all steps within IT development and meet governance in terms of legislative and audit requirements.
• Plan, direct, and coordinate the development, implementation, deployment and operation of information systems and technology solutions for business needs as well as identify and propose new information technologies and systems to improve business processes and decision making.
• Assesses the performance of existing plans and information systems in terms of contribution to business objectives, functionality, stability and value.
• Responsible for the management and direction of all IT resources in line with the business strategy and priorities.
• Ensures that optimal value is realised from IT project and service portfolios.
• Manage own development to increase own competencies.
• Develop skills of leaders across the organisation in making effective and efficient use of IT Services to improve business delivery.
• Plan and manage performance, skills development, employment equity, talent and culture of team in order to improve innovation, achieve efficiencies and increase competencies.